Deal Toys - What are they?
Deal toys (also known as financial tombstones) are customized gifts that are used to commemorate the closing of a major business deal in financing, investment banking, or real estate. Deal toys are often custom designed to capture a unique aspect of the transaction, then presented to all the major parties of the transaction in recognition of their efforts and contributions. Deal toys are typically produced in the lead up to a major corporate deal and are often presented at a special ceremony when the deal closes.
As coveted status symbols, today’s best deal toys are made of crystal or wood. Lucite deal toys have fallen out of favor as more people are avoiding plastics. Any deal toys that you present become a symbol of your company and how you do business, so quality and craftsmanship are more important than ever. In the world of finance and investment banking, it is a point of honor to receive a deal toy! Many financiers and investment bankers proudly display their deal toys in high profile spaces within their offices, generating extra value from their deal toys as visual marketing tools for potential new clients and partners. A big assortment of eye-catching deal toys means they’ve participated in a lot of big financial transactions, they are experienced, team players, and they’ve earned the hardware to prove it!
If you're responsible for ordering your company's deal toys, consider the moment when they will be presented to each recipient. It’s a moment to celebrate your accomplishments, and you want to feel proud, confidently handing out the best deal toys that you know are impressive and well-made with great design.
So to help ensure that you’re the office hero when your order of deal toys is delivered, we assembled these tips.